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Nov 18, 2012
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. >> caller: i want to thank you, neil, it was a wonderful, wonderful book, very compelling. i heard an interview with president obama talking about the fact that it wouldn't have helped in the situation because there's company like aig that acted a little different than companies, you know, like inves, and can you explain a little bit about would that be a panacea to prevent all the problems? can you explain -- you gained a lot of financial education since you started as the inspector general. can you explain how that would work? thanks. >> guest: sure, i mean, glass see gel was the depression era law separating investment banks from commercial banks. it meant what, you know, basically that a bank like citi bank or jpmorgan chase couldn't also do investment banks activities, and also, in other areas like insurance, and that bill really got dismantled by a series of regulatory provisions by the fed leading up to the end of the clinton administration where the last were basically removed, torn apart by a legislation, and now what president obama's referring to, and he's accura
. >> caller: i want to thank you, neil, it was a wonderful, wonderful book, very compelling. i heard an interview with president obama talking about the fact that it wouldn't have helped in the situation because there's company like aig that acted a little different than companies, you know, like inves, and can you explain a little bit about would that be a panacea to prevent all the problems? can you explain -- you gained a lot of financial education since you started as the inspector...
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Nov 18, 2012
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obama can't do much, though, because welcome to the post-economy world. they don't want to hear from the americans. geithner tried to give them lectures about austerity and they said, thanks, but no thanks, we don't want to hear from you. this is the first crisis of the european union in which the united states is not a central player since really the 1920s. it is a new work of the europeans. the eu economy, as you know, ali, is larger than the u.s. economy. so i think what's going to happen is president obama is going to watch very anxiously because it, as you say, does have a huge impact, but i don't think there's much he can do about it. >> that's why they don't talk about it as much. china is more complicated. in europe we're more worried about the economy. in china, there are a number of issues. one are the economic issues that i talked about, low wages, currency, manipulation, intellectual property theft and those things, and then there's the other issue, and that is that china and the u.s. do not see eye to eye on a lot of major issues that the wor
obama can't do much, though, because welcome to the post-economy world. they don't want to hear from the americans. geithner tried to give them lectures about austerity and they said, thanks, but no thanks, we don't want to hear from you. this is the first crisis of the european union in which the united states is not a central player since really the 1920s. it is a new work of the europeans. the eu economy, as you know, ali, is larger than the u.s. economy. so i think what's going to happen is...
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Nov 18, 2012
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. >> thanks, chris. good morning, richard and angie. obama administration national security team under fire over the petraeus affair and battle over benghazi. this morning, the key voices on "meet the press"ful intelligence chairs of house and senate. mike rogers, dianne feinstein join me, also lindsey graham, south carolina republican leading the charge against the president's u.n. ambassador, susan rice is a nominee for secretary of state. all of this happening while the president is trying to get something done with congress over avoiding the fiscal cliff. and the future of the republican party. all coming up on "meet the press." and after the program, my press pass program with an inside look at lincoln with president historian fdoris kaernz good wi. >>> a man diagnosed with cancer and given just weeks to live finds solace at church. not in the way you might think. greg thomas was diagnosed with stage 4 head and neck cancer three years ago. on long walks to clear his head, he found an old rundown church. he couldn't get inside, so h
. >> thanks, chris. good morning, richard and angie. obama administration national security team under fire over the petraeus affair and battle over benghazi. this morning, the key voices on "meet the press"ful intelligence chairs of house and senate. mike rogers, dianne feinstein join me, also lindsey graham, south carolina republican leading the charge against the president's u.n. ambassador, susan rice is a nominee for secretary of state. all of this happening while the...
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Nov 18, 2012
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. >>> and president obama woke up in thailand this morning. what's on the agenda for his historic trip to asia. ♪ [ gordon ] for some this line is a convenience. how you doing today? i'm good thanks. how are you? i'm good. [ gordon ] but for others, it's all they can afford. every day nearly nine million older americans don't have enough to eat. anything else? no, not today. join me, aarp, and aarp foundation in the drive to end hunger by visiting drivetoendhunger.org. bp has paid overthe people of bp twenty-threeitment to the gulf. billion dollars to help those affected and to cover cleanup costs. today, the beaches and gulf are open, and many areas are reporting their best tourism seasons in years. and bp's also committed to america. we support nearly 250,000 jobs and invest more here than anywhere else. we're working to fuel america for generations to come. our commitment has never been stronger. at meineke i have options... like oil changes starting at $19.95. my money. my choice. my meineke. >> how you like? >>> this was amateur video.
. >>> and president obama woke up in thailand this morning. what's on the agenda for his historic trip to asia. ♪ [ gordon ] for some this line is a convenience. how you doing today? i'm good thanks. how are you? i'm good. [ gordon ] but for others, it's all they can afford. every day nearly nine million older americans don't have enough to eat. anything else? no, not today. join me, aarp, and aarp foundation in the drive to end hunger by visiting drivetoendhunger.org. bp has paid...
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Nov 18, 2012
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thanks very much to the panel. a great discussion. thank you. [applause] thanks everyone for coming. good night. >> today on "washington journal" we'll talk about the republican party and hispanic voters following the 2012 election with the hispanic steering committee chairman for mitt romney's presidential campaign and then a look at policy agenda and political goals with justin ruben. and later, a discussion on the new leadership in china and what it means for u.s./china relations. also a preview of president obama's trip to asia. "washington journal" live at 7:00 eastern on c-span. >>truman had two big puzzles in his life. the first was this is a man who got into politics having failed in many businesses as a young man. tom way to get into politics in -- the only way to get into politics was a machine. two machines. he picked up the pender gast machine, the most corrupt and often vicious machine. i said to myself, how did this happen? how could he possibly work in this machine in local politics? that was the first thing i had to work out. the
thanks very much to the panel. a great discussion. thank you. [applause] thanks everyone for coming. good night. >> today on "washington journal" we'll talk about the republican party and hispanic voters following the 2012 election with the hispanic steering committee chairman for mitt romney's presidential campaign and then a look at policy agenda and political goals with justin ruben. and later, a discussion on the new leadership in china and what it means for u.s./china...
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Nov 18, 2012
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thank you. >> thank you very much, and now invite the honorable president obama to say a few words. >> thank you so much. good evening to the people of thailand who have welcomed me so graciously, let me say-- i will say that the prime minister's english is much better than my thai, but i want to say thank you so much, madam prime minister, for your very warm welcome, your generous words and the sense of partnership that you bring to our work today. as you indicated, asia is my first foreign trip since our election in the united states and thailand is my first stop and this is no accident. as i've said many times the united states and always will be a pacific nation and the fastest growing region in the world tit will shape the prosperity in the century ahead and critical to creating jobs and opportunity for the american people and that's why i've made restoring american engagement inhis region a top priority as president. at cornerstone of our strategy is our strong and enduring treaty alliances which includes our alliance with thailand. thailand is america's oldest friend and nation
thank you. >> thank you very much, and now invite the honorable president obama to say a few words. >> thank you so much. good evening to the people of thailand who have welcomed me so graciously, let me say-- i will say that the prime minister's english is much better than my thai, but i want to say thank you so much, madam prime minister, for your very warm welcome, your generous words and the sense of partnership that you bring to our work today. as you indicated, asia is my...